All values in JPY	Aug 2025	Nov 2025	Feb 2026	May 2026
Revenue	2.28B	2.20B	2.65B	2.32B
Cost of goods sold	1.24B	1.20B	1.44B	1.26B
Cost of revenue	1.24B	1.20B	1.44B	1.26B
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	1.08B	1.02B	1.08B	1.05B
Operating expense	1.08B	1.02B	1.08B	1.05B
Total operating expenses	2.32B	2.22B	2.52B	2.31B
Operating income	-39.00M	-18.00M	132.00M	7.00M
Other non operating income	-2.00M	5.00M	-2.00M	30.00M
EBT including unusual items	-42.00M	-10.00M	89.00M	39.00M
EBT excluding unusual items	-42.00M	-10.00M	128.00M	39.00M
Income tax expense	-6.00M	-	22.00M	14.00M
Effective tax rate	14.29%	-	24.72%	35.90%
Other operating expenses	-	-	-	-
Net income	-36.00M	-10.00M	67.00M	25.00M
Net profit margin	-1.58%	-0.45%	2.53%	1.08%
Earnings per share	-	-	-	-
Interest and investment income	-	-	2.00M	3.00M
Interest expense	-2.00M	-2.00M	-3.00M	-2.00M
Net interest expenses	-2.00M	-2.00M	-1.00M	1.00M
Depreciation and amortization charges	-	-	-	-
EBITDA	-18.00M	2.25M	153.75M	28.75M
Gain or loss from assets sale	-	-	-	-

Ask anything